Cannabis stocks react to Ohio’s recreational legalization | 2023-11-10 | Investing News

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  • Several cannabis stocks had a positive reaction after Ohio’s vote to approve a ballot measure that legalizes recreational marijuana
  • Red White & Bloom Brands Inc. (CSE:RWB) announced its entry into Ohio after news of the vote through the execution of a licensing arrangement with a first mover, vertically integrated Ohio distributor
  • Cresco Labs Inc. (CSE:CL) operates a 4,600 square metre cultivation and processing facility in Yellow Springs that distributes its cannabis brands to approximately 60 per cent of Ohio’s 111 operating medical dispensaries
  • Vext Science Inc. (CSE: VEXT) CEO Eric Offenberger called the vote a key milestone not just for his company, but the entire industry

Several cannabis stocks had a positive reaction after Ohio’s vote to approve a ballot measure that legalizes recreational marijuana.

In less than a month, people aged 21 and over in the…

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